DNX Indonesia signs LoI with three coal and mineral firms
Tuesday, January 24 2012 - 04:14 AM WIB
PT DNX Indonesia, a subsidiary of Australia-based Dyno Nobel has just signed letters of intent (LoI) with three coal and mineral mining companies in Kalimantan and Sulawesi to supply explosive products and blasting services.
DNX?s Director and Marketing Manager Mey Suryawan said that the company signed LoI(s) with two coal companies in East Kalimantan and a gold mining company in Sulawesi.
?We are still in talk with another coal mining company for a long term project (to supply explosive products and blasting services),? Mey told Petromindo.com on Tuesday. He declined to name the four companies, just saying that the Letter of Intent with the gold mining in Sulawesi was just signed last week. ?With the additional four companies, DNX would be operating in 17 sites of coal and mineral companies.? he added.
DNX Indonesia currently operates in 13 sites belonging to coal mining companies, most of which are located in Kalimantan such as Berau coal, Kideco Jaya Agung, Adaro Indonesia, Asmin Koalindo Tuhup with average contract of between three to five years per site.
PT DNX Indonesia offered integrated services such as down the hole loading (DTH) services, storaging and transporting the explosive products to site, on site bulk emulsion manufacturing as well as training and services.
He said that the company also offers the use of multi-purpose unit (MPU) to blend the explosive materials on site in a bid to increase the sensibility of explosive material in boreholes.
Editing by David Mustakim